Daily Archives: January 8, 2010

In a case that would have wide-ranging ramifications for the state’s mandatory retirement age for judges, Nassau County Supreme Court Justice William LaMarca is challenging a law that has forced him to retire at the end of 2009. New York’s ...

The owner of the Huntington Hilton, Sunstone Hotel Investors, is turning over the Melville hotel and 10 others to the Massachusetts Mutual Life Insurance Company. Last November, San Clemente, Calif.-based Sunstone stopped making payments on a $246 million mortgage that ...

Golden First Bank, a Great Neck thrift that has struggled since the start of the recession, has finally been thrown a lifeline. Local mortgage entrepreneur Steven Schnall, who founded and was former chief executive of New York Mortgage Trust, has ...

Four Long Island projects will share about $4.6 million in money from the state’s $35 million Downstate Revitalization Fund created last May. The Fund invests in projects that advance local development and small businesses, which includes making improvements to industrial ...

Commercial real estate won’t make a comeback for another year, according to a report from one of the nation’s leading real estate advisors. Grubb & Ellis said 2010 commercial real estate fundamentals will decline more slowly than in 2009, with ...

Though the clock ticks midnight on New Year’s Eve, some things never change. Behind losing weight and getting out of debt as the most popular resolutions, you’ll find the vow to learn something new. That something new often means learning ...

Sounding more and more like a gubernatorial candidate, Suffolk County Executive Steve Levy on Friday said his administration wisely held the line on spending, froze taxes and won concessions from the workforce to keep county government in good shape despite ...

It was a good opening day for County Executive Ed Mangano. With a friendly crowd supporting him in his hometown of Bethpage, the little-known – until now – legislator signed legislation that removed the 2.5 percent home energy tax that ...

If you live on Long Island, chances are you’re paying the price for LIPA’s debt. But not if you live in Freeport, Rockville Centre or Greenport. There, on their own smaller, municipal utilities free of Long Island Power Authority’s financial ...

How high are Long Island’s electric rates? The bad news is they’re higher than most places. The good news they’re not the highest in the nation – and not even the highest in the state. “It [high electric rates] puts ...